Managers seen as Ucits IV winners

Author (Person)
Series Title
Series Details 23.8.10 (FTfm Supplement)
Publication Date 23/08/2010
Content Type

Investment managers will benefit most from Ucits IV, with investors likely to miss out on any efficiency improvements from the forthcoming asset management directive, according to the companies that service fund assets.

Nearly three-quarters of asset servicers surveyed by Ernst & Young expect investment managers to enjoy significant benefits from the new rules, due to come into effect in July 2011. Just 38% thought investors would benefit to the same extent.

Related Links
ESO: Background information: Ucits IV offers huge savings http://www.europeansources.info/record/ucits-iv-offers-huge-savings/
European Commission: DG Internal Market and Services: Single Market for Services: Financial Services: Investment Funds http://ec.europa.eu/finance/investment/index_en.htm

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